This week has been a pretty tough one for a lot of digital currency investors, as the revolutionary news that the largest stock exchange operator in the world is launching a market for Bitcoin (BTC) failed to evolve into a bullish trend for the price of Bitcoin BTC. Nevertheless, this week couldn’t have been much better for the supporters of Ethereum Classic (ETC).
Ethereum Classic (ETC) Can Now Be Deposited on Coinbase Pro
Over the last two days, Ethereum Classic (ETC) has been added to the trading platform of the two most prominent digital currency exchanges. On the 6th of August, Ethereum Classic (ETC) became the 6th digital currency to be listed on Robinhood – a stock trading application whose digital currency trading services is now available in nineteen states in the US.
On the 7th of August, the digital currency marked another great achievement, as Coinbase (an industry giant) started accepting Ethereum Classic (ETC) deposits on Coinbase Pro – its order-book digital currency trading platform. The firm announced that trading against the US dollar and other digital currencies will commence later in the week.
The digital currency is not yet available via the eponymous brokerage service of the firm, though it will probably be added to the platform once the markets settle on Coinbase Pro. The two announcements have resulted in a considerable rally in the value of Ethereum Classic (ETC). Over the past week, the value of the digital currency has increased by over 11% against the US dollar.
Ethereum Classic (ETC) Price Today – ETC / USD
At the time of writing, Ethereum Classic (ETC) is trading at $16.4 after losing about 14 percent of its value over the past twenty-four hours. The market cap of the digital currency is $1.69 billion and its trading volume over the past twenty-four hours is $562.8 million.